Category: Housing Policy

mechir lemishtaken new homes in israel
Housing Policy

Mechir LeMishtaken: What does it mean for Foreign Buyers?

Considering the high cost of housing in Israel and the difficulty for many people – mostly young couples – to buy a home, Israel’s Finance Minister Moshe Kahlon, together with the Ministry of Construction & Housing, introduced the “Mechir Lemishtaken” (Buyer’s Price) scheme in 2016, to generate affordable housing and to slow down the escalation...

©Canstockphoto
Housing Policy

100,000 apartments to be built in high-demand areas in the center of Israel on military bases

In what the Government has called “strategic inventory management of the housing crisis”, more than one thousand housing units will be constructed on land that is currently occupied by defense and military industry bases in the center of the country. The training, intelligence and communications bases will be vacated and relocated to the South of Israel. The huge compounds are located in the heart of the high-demand areas in Israel, where land is most expensive and property values highest. The compounds will be evacuated by 2022.

Religious couple and baby
Tama 38 Israel
Housing Policy

Urban Renewal in Israel — Part 2: “Tama 38”

Israel is located on a seismically-active fault line known as the Syrian African Rift and the possibility of earthquakes of high magnitudes pose a threat to millions of people and their property – in the region. To experts in the field, it is not a question of will there be an earthquake, but rather when...

Urban renewal in Israel
Housing Policy

Urban Renewal in Israel — Part 1: “Pinui Binui”

Urban renewal in Israel generates new, creative construction in preexisting built-up areas. The scarcity of land for new construction in Israel and the subsequent housing shortage throughout the country led the Government fourteen years ago to develop this innovative solution. There are two main schemes for urban renewal projects. The first is known as pinui-binui (evacuation and construction) and the...

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